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Author: Admin | 2025-04-27
The Bitcoin community is criticizing Ripple for advocating a US multi-coin strategic reserve, instead of Bitcoin-only, sparking heated debate within the crypto space.Bitcoiners accused Ripple of being the “biggest obstacle” to a US Strategic Bitcoin Reserve because it actively promoted the inclusion of multiple coins, including XRP (XRP).On Jan. 16, The New York Post reported that President Donald Trump was receptive to the idea of setting up a strategic reserve comprising US-based tokens, such as USD Coin (USDC), Solana (SOL) and XRP.The idea, supported by Ripple CEO Brad Garlinghouse, has spurred a debate in the community, with many claiming that no coin other than Bitcoin (BTC) has a place on the US government’s balance sheet.Garlinghouse confirms pushing a diversified crypto reserveRiot Platforms’ research head, Pierre Rochard, took to X on Jan. 23 to refer to Ripple as the “biggest obstacle for the Strategic Bitcoin Reserve.”He highlighted Ripple’s heavy political lobbying and active involvement in building central bank digital currencies (CBDC).Ripple’s Garlinghouse jumped on Rochard’s thread to confirm his support of a diversified crypto reserve rather than a Bitcoin-only one.Source: Pierre Rochard “Our efforts are actually increasing the likelihood of a crypto strategic reserve — which includes Bitcoin — happening,” Garlinghouse wrote.Rochard is not alone in slamming RippleMany in the community joined the debate on whether the US should create a multi-asset crypto reserve, with Bitcoiners blasting Ripple for backing a diversified crypto reserve.“The US needs a Strategic Bitcoin Reserve, not a Strategic Crypto Reserve,” Bitcoin advocate Wayne Vaughan wrote on X on Jan. 23. He added:“Ripple, Ethereum, and Solana have no place on the US government’s balance sheet. Including them would create a costly political fallout for the Trump Administration.”Bitvolt CEO Nico Moran echoed Rochard’s remarks about Ripple, stating that the company was “deliberately working against the US Bitcoin Strategic Reserve initiative, prioritizing their own interests over the well-being of the American people.”Related: Bitcoiners ‘struggling’ with Trump’s vague ‘digital asset stockpile’ orderMessari CEO Ryan Selkis criticized Ripple’s political ties and its push for XRP as an asset on the US balance sheet.Source: Ryan Selkis (Twobitidiot)“I didn’t donate $12 million to
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